About Artzen Software Labs Private Limited
Data last updated:
Artzen Software Labs Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 January 2014.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2014PTC308434. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.45 Lakh. It was led by directors Ankit Narayan Singh (Whole-Time Director) and Muktabh Mayank Srivastava.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 14 2nd Floor Arjun Nagar Safadarjung Enclave, New Delhi, Delhi, India – 110029.
As per the financials filed for FY 2021, the company reported a revenue of ₹22,270, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹11,360 (net margin -51%) and EBITDA of -₹33,630 (EBITDA margin -151%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 39% over five years.
The company had about 28 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: ParallelDots. The company has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.12 Cr; the latest was in August 2016.
The last known website on record is paralleldots.com.
Company details
CIN history
Artzen Software Labs has one previous CIN (Corporate Identification Number): U72900MP2014PTC032273. The current CIN is U72900DL2014PTC308434, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900DL2014PTC308434 | Current |
| U72900MP2014PTC032273 | Previous |
Contact details
Artzen Software Labs Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Apps
- Registered Address14 2nd Floor Arjun Nagar Safadarjung Enclave, New Delhi, Delhi, India – 110029
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Artzen Software Labs Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Artzen Software Labs operates one associated brand: ParallelDots. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| AI-powered image recognition solutions are provided for retail businesses. | paralleldots.com |
Business activity
The main business activity of Artzen Software Labs is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
Financials of Artzen Software Labs Private Limited
FY 2023 filings availableArtzen Software Labs Private Limited reported revenue of ₹22,270 (up 11% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 39%. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹22,270 | ||||
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| EBITDA | -₹33,630 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11,360 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -151% | ||||
| Net Profit Margin | -51% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Artzen Software Labs Private Limited, buy the company report.
Board of directors of Artzen Software Labs Private Limited
Artzen Software Labs has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankit Narayan Singh Also directs: Paralleldots Technology Private Limited | Whole-Time Director | 29 Jan 2014 | 12 Years 9 Months | As last reported |
| Muktabh Mayank Srivastava Also directs: Paralleldots Technology Private Limited | Director | 05 May 2016 | 10 Years 5 Months | As last reported |
Auditor
Artzen Software Labs Private Limited is audited by VIRENDRA VYAS & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIRENDRA VYAS & CO | FY 2021 | 005533N |
Shareholding
The shareholding of Artzen Software Labs Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Artzen Software Labs Private Limited, buy the company report.
Deals & funding
Artzen Software Labs Private Limited has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.12 Cr; the latest was in August 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2016 | Funding round | ₹4.02 Cr | Investors: Multipoint Capital |
| Jun 2014 | Funding round | ₹10 Lakh | Investors: an individual |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Artzen Software Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Artzen Software Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Artzen Software Labs has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Artzen Software Labs Private Limited, buy the company report.
Recent activity
Artzen Software Labs Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Muktabh Mayank Srivastava ceased to be Additional Director on 30 Sep 2016.
News
Frequently asked questions
Artzen Software Labs has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Artzen Software Labs was a private limited company based in New Delhi, Delhi, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 29 January 2014 and is registered under CIN U72900DL2014PTC308434. The company has been struck off by the Registrar of Companies and is no longer operational.
Artzen Software Labs had 2 directors:
- Ankit Narayan Singh - Whole-Time Director
- Muktabh Mayank Srivastava - Director
The CIN (Corporate Identification Number) of Artzen Software Labs is U72900DL2014PTC308434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Artzen Software Labs is at 14 2nd Floor Arjun Nagar Safadarjung Enclave, New Delhi, Delhi, India – 110029.
Artzen Software Labs was incorporated on 29 January 2014. It is registered with the Registrar of Companies, Delhi.
Artzen Software Labs can be reached through the website paralleldots.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Artzen Software Labs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Artzen Software Labs has 1 GST registration on record and it is cancelled or inactive.
Artzen Software Labs operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.